How can we benefit from software packages like Mathematica and Matlab in economic general equilibrium modelling? And how does Matlab help us in quantifying the consequences of shocks on economic outcomes? This course in taught in the PC Lab and shows how numerical tools can be used to verify and improve our theoretical analysis of general equilibrium models. It also introduces so-called "exact hat algebra" in order to facilitate numerical counterfactual analysis. We have an eye on applications to new quantitative trade models.
The course is offered every second summer term (last course: summer term 2017).